🏃 Speedy Crypto Scoop
InstitutionalKalshi raised $1 billion at an $11 billion valuation, more than doubling its worth in just months. This US-regulated prediction market platform now boasts $50 billion in annualized transaction volume, attracting global users betting on everything from politics to entertainment.
TradingGSR expanded its institutional trading platform, GSR One, integrating market making, OTC trading, and treasury management into one system. This upgrade offers clients real-time market insights and direct wallet control, aiming to bring crypto trading transparency closer to traditional finance standards.
PaymentsKuCoin Pay integrated with Brazil’s instant Pix payments network, allowing users to convert crypto to Brazilian reais and pay merchants via QR codes instantly. This move taps into Brazil’s booming crypto adoption and bridges traditional and digital payments in Latin America’s largest economy.
RegulationThe UK government introduced the Cyber Security and Resilience Bill, expanding cyber regulations to more tech companies. It aims to protect against state-sponsored cyber threats and includes measures to test AI models for harmful content before release, tightening security in the digital realm.
MiningA solo Bitcoin miner using CKpool defied astronomical odds of 1 in 180 million to mine a $265,000 block with just 6 TH/s of power. This rare win highlights the unpredictable luck and opportunity still present in Bitcoin mining despite massive network hash rates.
PrivacyThe Winklevoss twins launched Cypherpunk, a crypto treasury company focused on Zcash to champion privacy amid advancing AI threats. They see Bitcoin as sound money and Zcash as the essential privacy layer, betting on both to coexist and protect user autonomy in the digital age.
(OpenAI, gpt-image-1-mini)